Rajah Food Store Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07320954 (England and Wales)

Financial Statements for the Year Ended 31 August 2020

for

Rajah Food Store Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

Mr Shied Rafiq

REGISTERED OFFICE:

Bridge House

9 -13 Holbrook Lane

Coventry

West Midlands

CV6 4AD

REGISTERED NUMBER:

07320954 (England and Wales)

ACCOUNTANTS:

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

FIXED ASSETS

Property, plant and equipment

4

25,354

18,880

CURRENT ASSETS

Inventories

5

42,626

35,404

Debtors

6

21,633

19,705

Cash at bank and in hand

104,911

15,460

169,170

70,569

CREDITORS

Amounts falling due within one year

7

51,106

51,427

NET CURRENT ASSETS

118,064

19,142

TOTAL ASSETS LESS CURRENT LIABILITIES

143,418

38,022

CREDITORS

Amounts falling due after more than one year

8

50,000

-

NET ASSETS

93,418

38,022

CAPITAL AND RESERVES

Called up share capital

10

1

1

Retained earnings

11

93,417

38,021

SHAREHOLDERS' FUNDS

93,418

38,022

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 May 2021 and were signed by:

Mr Shied Rafiq - Director

1.	STATUTORY INFORMATION

Rajah Food Store Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net value of goods sold, excluding value added tax.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2019 - 19 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 September 2019

49,780

11,400

61,180

Additions

14,926

-

14,926

At 31 August 2020

64,706

11,400

76,106

DEPRECIATION

At 1 September 2019

36,315

5,985

42,300

Charge for year

7,098

1,354

8,452

At 31 August 2020

43,413

7,339

50,752

NET BOOK VALUE

At 31 August 2020

21,293

4,061

25,354

At 31 August 2019

13,465

5,415

18,880

5.	INVENTORIES

31.8.20

31.8.19

£

£

Stocks

42,626

35,404

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.20

31.8.19

£

£

Deposit

17,980

17,980

Value Added Tax

3,653

1,725

21,633

19,705

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.20

31.8.19

£

£

Trade Creditors

5,414

3,803

Wages Payable

-

569

Corporation Tax

39,865

14,436

Social security and other taxes

3,755

695

Directors' current accounts

1,605

31,769

Accrued Expenses

467

155

51,106

51,427

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.20

31.8.19

£

£

Other loans (see note 9)

50,000

-

9.

LOANS

An analysis of the maturity of loans is given below:

31.8.20

31.8.19

£

£

Amounts falling due between one and two years:

Bank Loan

50,000

-

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.20

31.8.19

value:

£

£

1

Ordinary

1

1

1

11.

RESERVES

Retained

earnings

£

At 1 September 2019

38,021

Profit for the year

115,396

Dividends

(60,000

)

At 31 August 2020

93,417

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 August 2020 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

Date: .............................................